T3 Motion Receives Follow-on Order for T3 Electric Vehicles From France T3 vehicles to be used for security patrols at Eurosatory International Tradeshow
COSTA MESA, Calif., March 26, 2012 /PRNewswire/ -- www.t3motion.com- T3 Motion, Inc. (NYSE AMEX: TTTM) On March 26, 2012, T3 Motion, Inc. announced that it has received a follow-on order for fourteen T3 Electric Stand-up Vehicles from France. Ten of the vehicles are anticipated to be used by the security team patrols at the Eurosatory tradeshow conference at Paris Nord Villepinte Exhibition Center, France with over 50,000 attendees from 130 countries. T3 Motion's French distributor Feel Green will be exhibiting at the show.
"The ongoing interest in our vehicles within France is a perfect example of our expanding global branding strategy," stated Ki Nam, T3 Motion CEO.
In 2011, various French police departments held a trial period for T3 ESVs for basic patrols throughout their district. The trials saw a decrease in crime by 12%. Read more about the trails here: http://markets.on.nytimes.com/research/stocks/news/press_release.asp?docTag=201202280800PR_NEWS_USPRX____LA60682&feedID=600&press_symbol=20701727.
About T3 Motion, Inc.
T3 Motion, Inc. (AMEX: TTTM) designs, markets and manufactures the T3 Series, an electric stand up vehicle. Headquartered in Orange County, California, T3 Motion, Inc. is dedicated to raising the bar on environmental standards and law enforcement and security capabilities in personal mobility technology. More than 3,000 T3 Series vehicles have been deployed in over 30 countries worldwide. For more information, visit www.t3motion.com
"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding T3 Motion's business, which are not historical facts, are "forward-looking statements" that are not guarantees of future performance. Such forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those anticipated by the forward-looking statements. These risks and uncertainties include, among others, factors associated with market conditions and the satisfaction of customary closing conditions related to the proposed public offering. For additional information concerning these and other factors that may cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Registration Statement filed on Form S-1, as amended, and in the periodic reports the Company files from time to time with the Securities and Exchange Commission.
SOURCE T3 Motion, Inc.